TIME | ALERTS | |
22:23 | Trades Today: -1.5 +0.5 -2 +0.5 +0.5 = -2.00
| |
15:33 | Sorry, I got called away. Typically, if we are within .25 of the entry price, you should take the trade unless I specify to wait. If you had taken 1647.75, you would have gotten you 2 points, and finished the day in the green.
| |
15:32 | Trade #7 -- Cancel
| |
15:24 | Trade #7 -- Sell 1648
| |
15:17 | ANOTHER signal of a move to the upside. I''ll bet you this one fails too.
| |
15:16 | Looking at 1648 now
| |
15:13 | May short again at 1647
| |
15:12 | If the bear flag plays out we should see 1638
| |
15:11 | It has broken the final support for the day.
| |
15:10 | What a frustrating market!
| |
15:09 | Trade #6 -- Out 1646 [+1]
| |
15:08 | Trade #6 -- Lower Stop to 1648
| |
15:06 | Trade #6 -- Take 1646 if you can
| |
15:03 | The 10-minute flag is starting to work out. A few moves back up to the bottom line of the flag, then back down again.
| |
14:50 | The market has shown signs of going higher all day, but it keeps failing to move up.
| |
14:34 | Trade #6 -- In at 1647
| |
14:33 | Trade #6 -- Sell
| |
14:31 | 10-Minute chart has formed a bear flag.
| |
14:10 | Trade #5 -- Out 1649.5 [+0.5] -- CORRECTION
| |
14:09 | This could drop like a rock. Staying aside.
| |
14:09 | Trade #5 -- Out 1649.5
| |
14:08 | I see something not good. Exit Trade #5
| |
14:05 | Trade #5 -- Buy 1649
| |
14:05 | Will add if we bounce of 1648.
| |
14:04 | Good opportunity to go long.
| |
14:03 | IWM Pennant breakout and reversal around the Apex. --> http://screencast.com/t/FiRt8adz
| |
14:01 | The 10:20 reversal --> http://screencast.com/t/UTle5Vcrdv
| |
13:08 | We are at the Apex.
| |
13:04 | IWM pennant broke-out to the downside, but is now approaching the apex which is often a reversal zone. Watching closely.
| |
13:02 | Trade #3 -- Stopped out at 1651 [-2]
| |
13:00 | Lunch time is over. Let''s hope people are more bullish on a full stomach.
| |
12:48 | Trade #3 -- Raise Stop to 1651
| |
12:46 | Trade #4 -- Out at 1652.5 [+0.5]
| |
12:34 | The IWM 5-minute Pennant reaches its apex in about 30 minutes. A break-out can be expect any time now.
| |
12:28 | Trade #4 -- Exit at 1652.5
| |
12:27 | Trade #3 & #4 -- Stop 1650 (risky)
| |
12:26 | This is not looking good.
| |
12:20 | Trade #3 & #4 -- Stop 1651 -- Limit 1654
| |
12:18 | Trade #3 & #4 -- Stop 1651
| |
12:17 | Trade #4 -- In at 1652
| |
12:15 | Trade #4 -- Buy 1652 (waiting for it) (doubling down)
| |
12:03 | Next fib support is at 1650.75
| |
12:01 | The 10:20 reversal turned out to be a perfect 'W' reversal.
| |
12:00 | 1651.75 has fib support
| |
11:57 | May double down
| |
11:52 | Trade #3 -- Lower Stop to 1650
| |
11:51 | Large Pennant has formed on the IWM 5-minute chart.
| |
11:35 | Trade #3 -- Buy 1653
| |
11:34 | We got 1652. Bounce higher is looking likely.
| |
10:40 | The 10:20 reversal was closer to the current low than it was to the previous high. I think we go higher.
| |
10:33 | Trade #2 -- Stopped out at 1654.5 [+0.5]
| |
10:33 | Trade #2 -- Take 1653 if we get back there.
| |
10:32 | Trade #2 -- Lower Stop to 1654.5 (+0.5)
| |
10:26 | Trade #2 -- Lower Stop to 1655 (breakeven)
| |
10:13 | I am looking for 1652 or 1650
| |
10:12 | IWM, SPY, OEX 5-minute charts suggesting a move down.
| |
10:10 | Trade #2 -- Sell 1655
| |
10:02 | Watch for reversal at 10:20
| |
10:00 | Trade #1 -- Stopped out 1655 [-1.5]
| |
09:58 | Poking through pivot
| |
09:57 | Trade #1 -- Stop 1655
| |
09:55 | Trade #1 -- Sell 1653.5
| |
09:54 | Could reverse here.
| |
09:28 | I think it spikes at the open.
| |